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Policy Choice: Theory and Evidence from Commitment via International Trade Agreements

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NBER2009-01-01 更新2025-01-04 收录
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Why do governments employ inefficient policies to redistribute income towards special interest groups (SIGs) when more efficient ones are available? To address this puzzle we derive and test predictions for a set of policies where detailed data is available and an efficiency ranking is feasible:

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2009-01-01
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